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W score! 35.71%, 5 of 14 p XP7-18 (similar to) Question Help Assume Gillette Corporation will pay an annual dividend of 0.69 one year from

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W score! 35.71%, 5 of 14 p XP7-18 (similar to) Question Help Assume Gillette Corporation will pay an annual dividend of 0.69 one year from now Analysts expect this dividend to grow at 118% per year thereafter until the 6th year. Thereafter, growth will level off at 22% per year. According to the dividend-discount model, what is the value of a share of Gillette stock if the firm's equity cost of capital is 7.3% The value of Gillette's stock is $(Round to the nearest cent.) ? Enter your answer in the answer box and then click Check Answer Check Answer Clear All All parts showing Desktop a SS e e

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